Uruguay - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Uruguay - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Synthetic Yarn Price in Uruguay - 2022

Contents:

  1. Synthetic Yarn Price in Uruguay (CIF) - 2022
  2. Synthetic Yarn Price in Uruguay (FOB) - 2022
  3. Synthetic Yarn Imports in Uruguay
  4. Synthetic Yarn Exports in Uruguay

Synthetic Yarn Price in Uruguay (CIF) - 2022

In 2022, the average synthetic yarn import price amounted to $6,464 per ton, with an increase of 92% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($24,085 per ton), while the price for Indonesia ($2,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Yarn Price in Uruguay (FOB) - 2022

In 2022, the average synthetic yarn export price amounted to $1,260 per ton, reducing by -38.8% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 31% against the previous year. The export price peaked at $9,337 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($1,781 per ton), while the average price for exports to Argentina ($701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-9.2%), while the prices for the other major destinations experienced a decline.

Synthetic Yarn Imports in Uruguay

In 2022, supplies from abroad of yarn of synthetic or artificial staple fibers decreased by -79.3% to 322 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 178% against the previous year. As a result, imports attained the peak of 1.6K tons, and then declined markedly in the following year.

In value terms, synthetic yarn imports fell significantly to $2.1M in 2022. Overall, imports, however, recorded modest growth. The pace of growth appeared the most rapid in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of $5.3M, and then dropped sharply in the following year.

Import of Synthetic Yarn in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil53755099996621.6%
India24028690733511.8%
Turkey13233032623921.9%
China402340477140-29.6%
Chile13210962.4110-5.9%
Italy43.376.210898.031.3%
Indonesia10694.614989.9-5.3%
Peru2731921775.4-73.0%
Others1312242,05698.9-8.9%
Total1,9952,2025,2612,0831.4%

Top Suppliers of Synthetic Yarn to Uruguay in 2022:

  1. Brazil (125.4 tons)
  2. India (44.4 tons)
  3. China (43.9 tons)
  4. Indonesia (42.8 tons)
  5. Turkey (28.5 tons)
  6. Italy (14.6 tons)
  7. Chile (12.0 tons)
  8. Peru (0.2 tons)

Synthetic Yarn Exports in Uruguay

In 2022, the amount of yarn of synthetic or artificial staple fibers exported from Uruguay soared to 247 tons, growing by 53% on the previous year. Overall, exports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, synthetic yarn exports dropped to $311K in 2022. Over the period under review, exports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.

Export of Synthetic Yarn in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan431169209212-21.1%
Argentina11742.648.946.1-26.7%
Turkey56.961.857.643.6-8.5%
Others38.114.915.58.6-39.1%
Total643288331311-21.5%

Top Export Markets for Synthetic Yarn from Uruguay in 2022:

  1. Jordan (130.8 tons)
  2. Argentina (65.8 tons)
  3. Turkey (46.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic yarn market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
  • Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
  • Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
  • Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
  • Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
  • Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
  • Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
  • Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
  • Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.

Country coverage:

  • Uruguay

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uruguay
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Yarn Of Synthetic Or Artificial Staple Fibers - Uruguay